This Week in Forest Carbon:
Norway is ratcheting up funding for UN-REDD and other bilateral efforts, but 89 out of 99 countries signed up for UN REDD+ say they aren’t up to speed on measurement, reporting and verification. Meanwhile, Tasmania and Mozambique take illegal logging into their own hands.
Norway Keeps the Throttle Open
30 April 2012 |
Ecosystem Marketplace has formally closed its collection of data for the State of the Forest Carbon Markets
2012 report. We are grateful to those projects that provided us with complete responses - every respondent is featured
at least once on the Forest Carbon Portal
homepage now through the end of May.
If you did not respond to the survey during the open call for information and would still like to contribute (and be recognized), please contact Molly Peters-Stanley in our Carbon Program to find out how.
With Earth Day fresh on our minds... Brazil steals the spotlight with its delivery of the world's first reforestation tCERs a decade after project inception. The country's leadership in forest carbon markets could take on a new trajectory depending on the outcome of the vote on the controversial Forest Code reforms slated for this week (translation), as well as on Brazil’s potential to develop carbon market linkages, starting with Acre’s potential supply of carbon credits to Sao Paulo.
Norway is breathing life into REDD projects in Guyana, Tanzania, and Indonesia, with additional financing going to Nigeria and Ghana via UN-REDD and other bilateral efforts. We always talk about financing, but what about the underwriting? British taxpayers may have some beef with underwriting tree-planting efforts in China. Perhaps researchers from Australia and South Africa can help with their proposal to manage risk on REDD projects using tips from the insurance industry.
A report recently published in Environmental Science and Policy says that 89 out of 99 countries signed up for UN REDD+ have "very large or medium" problems achieving measurement, reporting and verification (MRV) requirements - in large part due to insufficient funding. Where developed nations cannot always provide financing, poorer countries may need to team up to share MRV capacity-building resources. In the Pacific Islands, a new regional policy framework is taking shape that allows collaboration and pooling of resources among both larger and smaller countries.
A report by the EIA highlights illegal logging shipments from Peru to the United States, raising questions over how to make regulations more effective and the role that REDD+ could play in curbing illegal logging. Tasmania and Mozambique take illegal logging into their own hands with their new MoU.
These and other stories from the forest carbon marketplace are summarized below, so keep reading! And if you value what you read in this news brief, consider supporting Ecosystem Marketplace’s Carbon Program as a Supporting Subscriber. Readers’ contributions help us keep the lights on and continue to deliver forest carbon market news and insights to your inbox biweekly and free of charge.
For a suggested $150/year donation, you or your company can be listed as a Forest Carbon News Supporting Subscriber (with weblink) for one year (~24 issues).
Reach out to inboxes worldwide and make your contribution HERE (select "Support for Forest Carbon News Brief" in the drop-down menu). You will receive an email from the Forest Carbon News team confirming your sponsorship listing and weblink information.
—The Ecosystem Marketplace Team
If you have comments or would like to submit news stories, write to us at firstname.lastname@example.org.
ABOUT THE FOREST CARBON PORTAL
The Forest Carbon Portal provides relevant daily news, a bi-weekly news brief, feature articles, a calendar of events, a searchable member directory, a jobs board, a library of tools and resources. The Portal also includes the Forest Carbon Project Inventory, an international database of projects including those in the pipeline. Projects are described with consistent 'nutrition labels' and allow viewers to contact project developers.
ABOUT THE ECOSYSTEM MARKETPLACE
Ecosystem Marketplace is a project of Forest Trends, a tax-exempt corporation under Section 501(c)3. This newsletter and other dimensions of our voluntary carbon markets program are funded by a series of international development agencies, philanthropic foundations, and private sector organizations. For more information on donating to Ecosystem Marketplace, please contact email@example.com.
Please see our Reprint Guidelines for details on republishing our articles.